Robert Reich: Global capital doesn’t care how it gets a high return. If it can get it by slashing wages, outsourcing to contract workers, polluting air and water, defrauding investors, or destroying communities, it will.
Robert Reich: The rich aren’t overtaxed. The wealthiest 1 percent in the U.S. pay the lowest taxes as a percent of their income and total wealth of the top 1 percent in any major country.
Robert Reich: The estate and capital gains taxes were originally designed to prevent the growth of large dynasties in the U.S. and to reduce inequality. They’ve been failing to do that.
Robert Reich: As in Nixon’s case, a decision to support an “inquiry of impeachment” resolution in the House—to start an impeachment investigation—doesn’t depend on sufficient evidence to convict a person of obstruction of justice, but simply probable cause to believe a president may have obstructed justice.
Robert Reich: Trump’s argument that Obama exceeded his executive authority in allowing the Dreamers to stay is bizarre, coming from an administration that has exercised breathtakingly broad authority over immigration by banning travel from six Muslim countries.
Robert Reich: Raising the debt ceiling is always a political football, used by whichever party is in the minority to extract concessions from the majority party or from the majority party’s president.
Robert Reich: America’s economic and political elites could have used their growing political and economic clout to help workers get ahead – through better schools and more affordable college, comprehensive job retraining, wage insurance, better public transportation, and expanded unemployment insurance.
Robert Reich: The howling manchild who occupies the Oval Office is being cut off and contained.
Robert Reich: Let’s be clear. There is already enough evidence to impeach Trump on grounds of abuse of power, obstruction of justice, and violation of the emoluments clause of the Constitution.
Hateful violence is hardly new to America. But never before has a president licensed it as a political strategy or considered haters part of his political base.
Robert Reich: Trump’s unwillingness to denounce hateful violence has been part of his political strategy from the start.
Robert Reich: This outburst of political effort resisting Trump has no parallel in recent history. John F. Kennedy asked Americans to ponder what they might do for America; Donald Trump is getting them to actually do it.
Robert Reich: Twenty-fifth amendment! Read it! A Cabinet can get rid of a president who’s nuts. Trump thinks they’ve been preparing a palace coup. So one by one, he’s firing them.